What we do Arihant Foundations & Housing Ltd develops residential, commercial complexes, IT parks, and senior living projects primarily in Chennai with a legacy since 1984. |
Founded in 1,992 |
Market share Market leader in Chennai real estate, with 40+ years of experience, over 20 million sq. ft. developed, and dominant IT park presence. |
Problem solved Provides quality, timely real estate solutions addressing urban housing, commercial space demand, and senior living needs. |
Top clients or who we serve Serves B2B (Fortune 500 companies, IT firms) and B2C customers across residential, commercial, and senior housing segments. |
Key management Kamal Lunawath (Chairman & Managing Director) with 27+ years in real estate; Vimal Lunawath (CFO & Whole-time Director). |
Our journey and innovations Since 1984, pioneered IT parks, luxury housing, senior living; strategic partnerships with Ashiana and Prestige Estates bolster growth. |
Where we operate Primarily operates in Chennai, India, with a focus on Tamil Nadu region and strategic expansion plans. |
Top products or what we offer Flagship products include IT parks (Technopolis), luxury residences, senior housing projects, and commercial complexes. |
Top brands Technopolis (IT Park), Arihant Raja Bhavan (Residential), Swarang (Senior Housing), Mehek, Project V (Luxury Residential). |
Raw materials needed Construction materials such as cement, steel, glass, and interior finishes. |
Raw materials supplier Sourced from local and national suppliers in construction and building materials. |
Recurring vs cyclical contribution Revenue is largely project-based (cyclical) with stable recurring income from leased commercial spaces. |
Our industry position Strong market leader in Chennai with diversified portfolio, recognized for quality and innovation. |
Financial highlights FY25 consolidated revenue ₹206.44 Cr, PAT ₹42.7 Cr, 59.7% growth YoY, with strong margin improvements. |
Geographical revenue split Majority revenue from Chennai and Tamil Nadu metro projects; limited geographic diversification so far. |
Order book Robust order book with ₹6,376 Cr GDV ongoing developments, 5 million sq. ft. under construction. |
Whats driving growth Rapid urbanization in Chennai, IT sector expansion, redevelopment reforms, and strategic JV partnerships driving growth. |
Our future plans Focus on expanding commercial footprint, organized redevelopment projects, and new senior housing developments. |
Our green promise Adopts energy conservation and sustainability practices; no significant CSR obligations currently. |
Our people and values Dynamic, youthful workforce emphasizing quality, ethics, and stakeholder value creation. |
Key challenges ahead Market cyclicality, regulation changes, raw material costs, and competition in Chennai real estate. |
Interesting facts Pioneered Chennai's first organized senior housing; over 95% projects via an asset-light JV model. |
Risks and strategy Mitigates risks via diversified portfolio, strategic partnerships, financial discipline, and strong governance. |
